This is definitely not standard, very intriguing!
Don’t forget, ASX run the clearing and settlement - I reckon they’ve had a look into who has been trading this and decided something is up.
I think it was fair for WBT to assume it was just getting more volatility and short interest from being in the index, in a world where nobody does anything dodgy that is how things would work … reality is different though.
IMO the broker is about to get a tap on the shoulder from ASIC & ASX for a bit of explaining.
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